The “Will to Save in China

Yin, Ting

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論文情報

タイトル	The “Will" to Save in China
著者	Yin, Ting Yin, Ting
キーワード等	Bequest motives
	saving behavior
	wealth accumulation
	life-cycle model
	altruism model
抄録	In this paper, I discuss the actual conditions and determinants of the savingbehavior and wealth holdings of the aged in China, with emphasis on the impact ofbequest motives thereon, using micro data from the 2009 “Survey of Living Preferencesand Satisfaction" (urban households) and the 2010 “Survey of Living Preferences andSatisfaction" (rural households), which were conducted in February 2009 and January2010, respectively, as part of the Global Center of Excellence (GCOE) Program on“Behavioral Macro-dynamics based on Surveys and Experiments" of the GraduateSchool of Economics and the Institute of Social and Economic Research of OsakaUniversity. I found that bequest motives are strong in China, with more than 87percent of respondents in urban areas, more than 75 percent in rural areas, and morethan 85 percent in the country as a whole having a bequest motive, that these bequestsare motivated primarily by altruism, that there is little evidence that aged households inChina dissave (decumulate their wealth), and that altruistic and selfish bequest motives,especially the latter, increase the saving (or reduce the dissaving) of aged households.
公開者	Graduate School of Economics and Osaka School of International Public Policy (OSIPP) Osaka University
掲載誌名	Discussion Papers In Economics And Business
巻	11-24
刊行年月	2011-08
URL	http://hdl.handle.net/11094/13706
関連情報 (references)	http://www2.econ.osaka-u.ac.jp/library/global/dp/1124.pdf
言語	英語
カテゴリ	ディスカッション／ワーキング・ペーパー DP/WP

著者版フラグ	none
NII資源タイプ	テクニカルレポート
ローカル資源タイプ	ディスカッション／ワーキング・ペーパー
dcmi資源タイプ	text
DCTERMS.bibliographicCitation	Discussion Papers In Economics And Business.11-24
DC.title	The “Will" to Save in China
DC.creator	Yin, Ting
DC.publisher	Graduate School of Economics and Osaka School of International Public Policy (OSIPP) Osaka University
DC.language" scheme="DCTERMS.RFC1766	英語
DCTERMS.issued" scheme="DCTERMS.W3CDTF	2011-08
DC.identifier" scheme="DCTERMS.URI	http://hdl.handle.net/11094/13706
DC.subject	Bequest motives
	saving behavior
	wealth accumulation
	life-cycle model
	altruism model
DCTERMS.abstract	In this paper, I discuss the actual conditions and determinants of the savingbehavior and wealth holdings of the aged in China, with emphasis on the impact ofbequest motives thereon, using micro data from the 2009 “Survey of Living Preferencesand Satisfaction" (urban households) and the 2010 “Survey of Living Preferences andSatisfaction" (rural households), which were conducted in February 2009 and January2010, respectively, as part of the Global Center of Excellence (GCOE) Program on“Behavioral Macro-dynamics based on Surveys and Experiments" of the GraduateSchool of Economics and the Institute of Social and Economic Research of OsakaUniversity. I found that bequest motives are strong in China, with more than 87percent of respondents in urban areas, more than 75 percent in rural areas, and morethan 85 percent in the country as a whole having a bequest motive, that these bequestsare motivated primarily by altruism, that there is little evidence that aged households inChina dissave (decumulate their wealth), and that altruistic and selfish bequest motives,especially the latter, increase the saving (or reduce the dissaving) of aged households.
citation_title	The “Will" to Save in China
citation_author	Yin, Ting
citation_publisher	Graduate School of Economics and Osaka School of International Public Policy (OSIPP) Osaka University
citation_language	英語
citation_date	2011-08
citation_journal_title	Discussion Papers In Economics And Business
citation_volume	11-24
citation_public_url	http://hdl.handle.net/11094/13706
citation_keywords	Bequest motives
	saving behavior
	wealth accumulation
	life-cycle model
	altruism model

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